#SEC tokenized stocks innovation exemption lands; UNI is up more than 21% intraday, lifting sentiment in the DeFi sector. However, CL—despite being a core ecosystem asset—did not follow suit. I tend to believe this is a passive catch-up decline rather than independent weakness. In the short term, it remains in a weak, range-bound consolidation, and the time for a directional choice is approaching.

From the order book and chart: after a 24h drop of 5.5%, the price is hovering just above the 91.55 low. The 1-hour downtrend remains unchanged; although the 4-hour timeframe has rebounded, it has already pulled back 9.43% from the high, and bullish momentum has weakened. The bid/ask ratio in the order book is 0.81, with sell pressure prevailing. The funding rate is zero; open positions are 478,000, and sentiment is relatively cautious. Resistance to watch around 94.87; support around 90.63.

Strategically, if it rebounds and meets resistance around 93.42, you may short lightly, with a stop loss at 94.51 and a target at 91.08; if it breaks out on strong volume and holds above 94.13, then reverse and go long, with a stop loss at 92.86 and a target at 96.24. Keep position sizing within 20%. If the level breaks, exit immediately—don’t hold on to a losing position.

——This is only my personal opinion and does not constitute investment advice. Wishing you a smooth trade.——

$CL#SEC tokenized stock innovation exemption has been implemented; UNI surged more than 21% intraday